The U.S. last week unveiled its plan to finally phase out the lowly penny. The Treasury Department has placed its last order ...

President Donald Trump says the small coin is "so wasteful" and should be abolished, with an estimated saving of $56m (£41m) ...

Are your old pennies worth millions? Experts say you shouldn't bank on it. But some wheat pennies could be worth hundreds of dollars; here's how to check yours.

Coin production costs vary thanks to different raw metals used, complexity of their designs, labor needed and more.

Per the latest U.S. Mint report, it costs less than six cents to make a dime ($0.0576). To make a quarter, it costs about 15 cents ($0.1468), and nearly 34 cents for a half-dollar ($0.3397).

The Trump administration says making cents doesn't make sense anymore. The US Mint has made its final order of penny blanks ...

The penny’s run is coming to an end. First minted in 1792, it has been in circulation constantly. It wll be sunseted next ...

The US Mint will stop producing pennies due to high costs, following a directive from Donald Trump. The move is expected to ...

There is currently no official plan to recall pennies, and financial institutions are expected to continue accepting them. While pennies will remain legal tender, they will gradually disappear from ...

The federal government made its final order of penny blanks this month — the first step to end the production of the 1-cent coin, a spokesperson for the Treasury Department confirmed to USA TODAY.

The Mint expects that it will realize an immediate annual savings of $56 million by phasing out production of the penny, ...